Ismaila Mustapha, AKA Mompha has been granted N100m bail to by a Federal High Court in Lagos on Friday.
Mompha was arraigned for alleged N33billion fraud by the Economic and Financial Crimes Commission(EFCC).
The suspect was arrested by the anti-graft agency on October 19 at the Nnamdi Azikiwe International Airport, Abuja.
Mompha, who had become popular on social media (Instagram) for flaunting a flamboyant lifestyle, was subsequently remanded in the anti-corruption agency’s custody after a court order.
Furthermore, his Lebanese associate, alongside one other have been remanded in prison pending the continuation of their trial and bail application.
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